448 Morgan Rd
About This Property
This property has been meticulously renovated with no detail overlooked throughout. The kitchen features brand new appliances, complemented by a new water heater and fresh plush carpeting from top to bottom. Bright and airy throughout, this home offers generous living spaces with excellent natural light, showcasing expert craftsmanship and modern design sensibility in every corner. With plenty of bedrooms and a massive basement providing abundant space for your needs, this home accommodates any lifestyle.
Owned solar systems energy bill has been about $30-60 HUGE energy savings! The zero-maintenance landscaping means more time for what you love and less time on weekend yard work, while the backyard features mature apple, pear, and plum trees perfect for fresh fruit harvests and natural shade, plus a generous-sized shed providing extra storage for all your Colorado gear and outdoor equipment. It's also got an extra large space for RV or trailer parking. This is a truly exceptional flip done right where every detail has been carefully considered and expertly executed. Simply bring your belongings and start living your best life in this turnkey, move-in ready home that offers the perfect blend of location, quality, and convenience.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2025 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Nov 21, 2025 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Nov 8, 2025 | Price Decreased |
$535,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017